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Multi-Suite Office Property
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809 Park Avenue #2, Beaver Dam, WI 53916

Individual spaces include utilities, with a separate room for meetings or collaborative work.

Property Size3,720 SF
Price / SF$1.61
Days on Market296

Property Features for 809 Park Avenue #2

General Information

Standard status Active
Size 3,720 SF
Property subtype Commercial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Property Use Office

Building Details

Building Size 3,720 SF
Year Built 1950
Units 7
Tenancy Multi
Listing Agency: Inspire Real Estate Solutions, LLC
Listed By: Michelle Delatorre · License #6055790
Source: Geigerrealtors
Added: Jan 12 Changed: Oct 29 Last Checked: Nov 3 at 7:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inspire Real Estate Solutions, LLC

Rey
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Investment Insights

Based on property information with market context.

This 3,720-square-foot office property contains six individual offices and a larger room suited to meetings or collaborative work. The listed office dimensions range from 9 by 11 feet to 14 by 9 feet; the larger room measures 16 by 24 feet. Utilities are included with the individual spaces. The building dates to 1950 and is zoned Commercial.

At 809 Park Avenue in Beaver Dam, the property sits one block from the Highway 151 bypass. McDonald's, Dunkin, and Walkers Diner & Bakery are identified nearby. The available configuration combines private offices with a shared meeting or work area.

Key Highlights

  • Six individual office suites plus a 16 x 24‑foot meeting or collaboration room
  • Office dimensions include 10 x 9, 14 x 9, 9 x 11, and 9 x 12 feet
  • 3,720‑square‑foot property built in 1950

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,189
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,780 $863.8K
Cap Rate 7%
$616,986 $617.0K
Cap Rate 9%
$479,878 $479.9K
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$67.0K $18.00/SF
− Vacancy
−$9.4K −$2.52/SF
EGI
$57.6K $15.48/SF
− OpEx
−$14.4K −$3.87/SF
NOI
$43.2K $11.61/SF
Area
Dodge County, WI
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,780
Cap Rate 7%
$616,986
Cap Rate 9%
$479,878

Alternative Uses

Best Use
Office B
$617.0K
$539.9K – $719.8K (±1% cap)
NOI $43,189 @ 7.0% cap · market cap 719.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$808.1K
$707.1K – $942.8K (±1% cap)
NOI $56,568 @ 7.0% cap · market cap 942.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Miracle-Ear Hearing Aid ... Hearing Aid Store Evergreen Trees Beaver ... Landscaping Geiger Joann Counselor

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Restaurant Furniture & Home Goods Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

426
Businesses Nearby

Demographics for 53916, WI

23,057
Population
11,001
Households
2.1
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
103.6 sq mi
ZIP Area
223
Density / Sq Mi
$72,704
Median Household Income
$48,218
Median Earnings
$932
Median Rent
$212,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Individual spaces include utilities, with a separate room for meetings or collaborative work.
Where is this office unit located?
The property is located at 809 Park Avenue #2 Beaver Dam, WI.
What are key features of this property?
This property features: Six individual office suites plus a 16 x 24‑foot meeting or collaboration room; Office dimensions include 10 x 9, 14 x 9, 9 x 11, and 9 x 12 feet; 3,720‑square‑foot property built in 1950
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